I would say low $XXX since it's not enough to have an EMD, you still have to rank it for a pretty competitive keyword, but it depends on what the keyword is.

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Yeap the reason I didn't do anything with it is my lack of SEO knowledge. I was thinking of setting up a website and trying to rank the site as a way to learn SEO, but I don't know if I have time to work on it now.

I'd say it depends on who the buyer is and of course on the keywords in the EMD, a new EMD with no content, cache and link history would not have much SEO value but may have other marketing value. If it's a good niche EMD try mid to lower $xxx I think you might just get through to someone who needs it badly

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